Default Event definition

Default Event means an event or circumstance which leads Operator to determine that a Venue User is or appears to be unable or likely to become unable to meet its obligations in respect of an Order or Transaction or to comply with any other obligation under an Agreement or Applicable Law.
Default Event means the service of a Close-Out Notice with respect to any of the events set out in
Default Event means the occurrence of any of the following events:

Examples of Default Event in a sentence

  • Upon the occurrence of a Default Event, the Company may take one or more of the following actions, at its sole discretion and without prior notice to the Client: • Suspend or terminate the Client’s access to the Trading Platform.

  • The Client agrees to indemnify and hold the Company harmless from all losses, damage, and expenses arising from or related to a Default Event.


More Definitions of Default Event

Default Event means any of the circumstances set forth in Article 7 hereof.
Default Event means a General Default or a Project Default;
Default Event means any material breach by the Corporation of its obligations under this Certificate of Designations, other than a Non-Payment Event, which, if curable, is not cured on or prior to the 30th day after receipt of written notice from Ares after such default.
Default Event means any of the following:
Default Event means an event where:
Default Event means any of the following events: (1) any time when the Company fails to make a mandatory redemption of the Senior Preferred Stock when required (whether or not any contractual or other restrictions apply to such redemption) pursuant to paragraph (e)(ii) hereof; or (2) any time when the Company fails to make an offer to repurchase all of the outstanding shares of Senior Preferred Stock following a Change of Control, if such offer to repurchase is required to be made pursuant to paragraph (g)(i) hereof (whether or not any contractual or other restrictions apply to such redemption).
Default Event means any acts or omissions on the part of